Copper slid by -2.05 percent – October 10 2018

October 11, 2018

by junjie li, investmacro.com

Copper End of Day: October 10 2018

The Copper Futures (Front Month) finished the North American session today with a lowering of -2.05 percent and closed the day around the 274.9 price level, according to unofficial data at the New York close. The Copper Futures opened at 281.3 with the high of the day being 281.9 and the low of the day at 274.4.

The Copper RSI level is Bearish:

The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the current RSI score is at 48.7 for a Bearish reading on the daily time-frame.

Copper Trends:

The Copper Futures (Front Month) is now down by -2.79 percent over the past 10 days while seeing a step lower by -0.34 over the past 30 days. The 90-day change is -12.30 while the 180-day return and the 365-day return are -14.85 and 9.22, respectively.